Fire damage cleanup costs anywhere from $800-$93,000. Replacing a garage door is big for curb appeal and it’s also big on its ability to recoup the cost of the project. A garage door replacement is one of the cheaper projects with an average cost of $1,749 but it also returns an average of $1,345 in resale value. Find out the 14 things you shouldn’t buy in a home-improvement store. Various eligibility rules, but generally: you must be rehabilitating an existing structure (it’s not for buying a new one) and it’s not for building another structure on your property; your gross income falls below a certain limit; the loan is not used for luxury items like pools, satellite dishes, decks, etc.
If you’re planning to sell, the AHA suggests consulting with a real estate agency before making major project decisions, to determine which repairs or improvements are more likely to increase your home’s value. You might start with the agent who sold you your home. A newly launched tool shows which home renovations will add the most value to a property, giving homeowners the chance to see whether forking out thousands of pounds for a new garage or loft conversion will pay off long-term.
Stain-prone stone countertops , grime-collecting ornate cabinets, and dust-catching wall-to-wall carpet used to be symbols of luxury, but today’s homebuyers are more likely to equate them with extra work. We call it stress-free living,” says Miguel Berger , president of Better Homes and Gardens Real Estate Tech Valley in Albany, N.Y. The younger generation in particular would much rather spend their time entertaining at home than fussing over it.” It’s safe to assume boomers feel the same.
Beware: Tearing out an existing floor can add significant labor costs, so if it’s at all possible, lay the new flooring on top of the existing one. Extra space in a home almost always results in extra profit – providing the building work is of good quality, it is in keeping with the property and it doesn’t push the value over the price parameters mentioned above.
Finishing all the big projects hasn’t meant giving up on home improvement, however. I haven’t touched my reciprocating saw since the turn of the millennium, but in recent years I’ve become a practitioner of what I now think of as microrenovation: Approaching “finished” rooms with dispassionate objectivity and finding small ways to make them better. Humans have an extraordinary ability to become inured to minor annoyances, especially if the annoyances accumulate gradually. That’s not necessarily a bad thing—it’s the basis of successful marriages—but it can cause people to ignore inconveniences they could easily correct.